Technological Development

OpenAI is in talks with Amazon over a potential $10 billion investment, which could value the AI company at more than $500 billion. The deal may include using Amazon’s AI chips and cloud services, allowing OpenAI to diversify its technology partners beyond Microsoft and Nvidia.

MetaX Integrated Circuits Shanghai is set to start trading after raising US$585.8 million in an IPO that was nearly 3,000 times oversubscribed, showing strong demand from investors. The company makes AI graphics chips and is seen as a potential local rival to Nvidia, following the huge gains of Moore Threads Technology.

Taiwan has charged Tokyo Electron’s local subsidiary over the alleged theft of TSMC’s 2nm chip secrets. Three former and current TSMC engineers are also facing jail terms, while the company could be fined NT$120 million.

OpenAI plans to grow ChatGPT’s paying users from 35 million to 220 million by 2030 through new features like shopping tools and enterprise services. The company is investing heavily in AI development while facing rising costs and competition from other tech giants.

TSMC has sued a former senior executive, claiming he took trade secrets and shared them with Intel after moving there. The case has drawn government attention in Taiwan and caused a stir in the markets.

Meta is talking with Google about using its TPUs in AI data centres and possibly renting them next year, aiming to reduce reliance on Nvidia GPUs. The news caused Nvidia shares to fall and could boost Google’s TPUs as a serious alternative in AI hardware.

Apple has cut dozens of sales jobs as it reshapes how it deals with business, education and government clients. Some of the work is being shifted to third-party resellers instead.

A new artificial intelligence app that allows people to “talk” to digital replicas of dead loved ones has ignited an international backlash, marking one of the most charged ethical battles in the rapidly expanding world of grief-tech.

OpenAI plans to develop AI tools that could replace traditional office software like Slack, Word, and Google Docs. This move puts it in direct competition with Microsoft, which has heavily invested in OpenAI but now faces a potential rival in its own market.

OpenAI has signed a seven-year, $38 billion deal with Amazon to use AWS and hundreds of thousands of Nvidia GPUs for its AI projects. This move gives OpenAI more computing power and independence from Microsoft as it expands its global AI infrastructure.